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    Author Topic: Exchange or Wallet?  (Read 8780 times)

    • sadwage
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    April 09, 2018, 06:27:07 AM
     #1201
    If your a trader it is good choice the exchange but if your holder for long term you should choose wallet it is safe way to keep your token than exchange..

  • Ecex.Exchange
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    April 09, 2018, 06:47:38 AM
     #1202
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  • CoinstarF
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    April 09, 2018, 07:46:48 AM
     #1203
    Quote from: vintages on February 12, 2018, 07:09:51 PM
    I keep on telling people who cares to know, DO NOT ever leave your coins on any exchange. No matter how secure they claim to be, or promise to be, they can never guarantee you that their exchange won't be hacked anytime. Do yourself a huge favor and open a secured offline wallet for storing your coins. When an exchange gets hacked, it is only an apology that you will get from them, not a single coin.

    Wallet is ultimately the best place wherein we can stored our coins, it is safety we have our own private key and no third party involved.

  • SeXy
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    April 09, 2018, 07:51:41 AM
     #1204
    There are certain risks of storing coins in the exchanger. There are inconveniences of using wallet. Choose yourself

  • Maloppo
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    April 09, 2018, 11:16:18 AM
     #1205
    Quote from: SeXy on April 09, 2018, 07:51:41 AM
    There are certain risks of storing coins in the exchanger. There are inconveniences of using wallet. Choose yourself

    yes, you are right. Not recommended to store of coins at exchanges
    it will be better to download hardwhare wallet or use the online wallet to secured.

  • blizzard31
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    April 09, 2018, 11:28:32 AM
     #1206
    hello. it always depends on what you want to happen, if you want to trade which is obviously a risk then you should pick exchange and if you want to just store your tokens and coins you earned then better choose wallet. why do you have to think if you can have both of them, in earning your tokens you can use your wallet as your storage and in creating and getting more of coins then do exchange as simple as that.

  • s.Zavgorod
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    April 09, 2018, 11:30:42 AM
     #1207
    Quote from: Janinjo11 on February 12, 2018, 05:55:57 PM
    I have a question.

    What is better? To keep your coins on some Exchange site or to open wallets for each coin?

    I would like to hear some advice.  What are pros & cons of each option?

    Thanks
    It is better to choose a proven wallets. So there is at least some confidence that the service will not be closed along with your savings.
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  • IrReAr
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    April 09, 2018, 11:49:06 AM
     #1208
    The main feature of exchanges is that you can trade your crypto here. If you are a customer of some exchange you are to know that your funds are kept be the third party. Roughly speaking, you have no your funds, just the opportunity to trade not to store. When you have an account on an exchange you have no private key, it is kept by the exchange servers which are always hacked. So, the choice between wallet and exchange depends on your purposes.

  • Conte_Forni
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    April 09, 2018, 12:51:35 PM
     #1209

    As for me, the coins that I want to use, that is, to trade and so on in the course of the next time, they are on my stock exchange, if I hold then I use the coin purse

  • ducphucmmo
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    April 09, 2018, 01:12:59 PM
     #1210
    When you have little amount of money you can leave it on exchange to trade it, or waiting for dips so you can buy in later. But when you have important funds in stake you have to keep them safe. Wallet it's essential, mandatory. I don't prefer wallet, I will choose it's simply because using wallet, I cannot get my token right away. Granted, in some cases, exchanges will eventually support these ICO tokens and return the purchased amount to the customer

  • alibaba93
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    April 09, 2018, 01:13:54 PM
     #1211
    Yes, All ICOs clearly warn users not to send funds from an exchange to avoid any complications. Do not store coins in an exchange if you are not going to trade it. There is a big chance for your coins to loss once the exchange is been hacked or having a big problem. It is safer to store your crypto coins in wallets than exchanges as there are more chances of loosing your crypto coins if you store your coins in the online exchanges

  • denisaardelean
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    April 09, 2018, 01:14:31 PM
     #1212
    In my opinion, it is better to store your coins or token in wallet to be secured and to avoid hackers in exchange. Many exchange site that is harmful to the hackers out there but choose an exchange that is secured when it comes to holding your coins or tokens. Exchange and wallet are forms of investment in the crypto market all have their own effect. Hold the coin tends to grow steadily for a long time or catch the coin to accelerate in a short time to trade

  • 5dba
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    April 09, 2018, 01:18:37 PM
     #1213
    Since I am afraid of gox, I try to use wallet as much as possible.

  • Ania Alison
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    April 09, 2018, 01:24:01 PM
     #1214
    Quote from: Conte_Forni on April 09, 2018, 12:51:35 PM

    As for me, the coins that I want to use, that is, to trade and so on in the course of the next time, they are on my stock exchange, if I hold then I use the coin purse

    And at the same time, we still see a large commission and this becomes not very profitable for small games. Angry Cool

  • Elviragreg
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    April 09, 2018, 01:27:41 PM
     #1215
    Wallet for sure. Preferably hardware like Trezor or Ledger nano if we are talking about large amounts.
    It is better to pay once and be calm.

  • Bahelm
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    April 09, 2018, 01:32:42 PM
     #1216
    The general idea is to keep your tokens in your wallet where you have your private keys and total control over your assets. But of course it all depends on what you want to do. If you are a trader and not a hodler it is not convenient to constantly withdraw your assets from an exchange to your wallet. Just remember what happened to BTC-e and never keep 100% of your funds on an exchange.

  • BlockFolksHQ
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    April 09, 2018, 02:20:35 PM
     #1217
    Some of the coins i will put it inside the wallet and some of the small coins that is small amounts will be just leave it in the exchange.

  • Xelpherpolis
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    April 09, 2018, 02:40:36 PM
     #1218
    For long-term storage - exactly in wallets. If periodic trading is planned, it can be stored on the exchange.

  • FinbarAdley
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    April 09, 2018, 03:07:35 PM
     #1219
    Quote from: Janinjo11 on February 12, 2018, 05:55:57 PM
    I have a question.

    What is better? To keep your coins on some Exchange site or to open wallets for each coin?

    I would like to hear some advice.  What are pros & cons of each option?

    Thanks
    I think it is better to use wallet because most people says it have a secure coins

    &

    it give us freedom

  • hoangmika9x
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    April 09, 2018, 03:09:39 PM
     #1220
    If you're a long term holder get ledger, and place on exchanges if you short! Grin Grin Grin Grin
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